Tag: Gated Community Plots

5 Reasons Why Owning A Plot In A Gated Community Is A Fantastic Idea

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For most of us, buying or investing in your own home is a long-held dream. There’s a lot of planning, research and discussion involved in this vast and personal subject. Nothing, after all, beats the joy of taking the keys to your home.  

Prospective home buyers today are leaning towards plots or apartments in gated communities for investments.  The demand has increased dramatically and many prominent developers in metropolitan areas like Hyderabad, Pune and Bengaluru are developing plots and apartments within communities. In contrast to conventional apartments, owning a plot comes with its set of perks. Here are 5 reasons to help you make your choice. 

  1. Your safety is taken care of 

One of the biggest drawbacks of investing in stand-alone independent plots is the safety risk factor involved. Most gated communities offer security and 24-hour surveillance, which provides you with a sense of security. Having a guard at the gate, closely monitoring the movements of outsiders, will surely help you have a good night’s sleep. That’s the best part of secure living in gated communities. After all,  nothing’s more important than the safety of our loved ones. 

  1. Ample amenities to enjoy 

The best part  of living in a gated community is the host of amenities it offers. Every gated community has dedicated spaces for all age groups. A play park for children to run around, a sit out for senior citizens, a jogging track or walkway, gym, multipurpose sports clubs, gyms and so much more.  

Amenities in gated community plots ensure there’s enough space and security here for everyone to enjoy in peace. 

  1. Caters to convenient living  

Among the benefits of owning a plot in a gated community is the convenience it offers. A lot of large gated communities contain everything inside for maintenance and sustenance.  From hospitals, fire stations and schools, to grocery and convenience stores, maintenance services and more. Gated communities usually cater to these needs within its premises, or are located in close proximity to them for your comfort and convenience. 

  1. Attractive Landscapes and closeness to nature

Gated community plots are accompanied  with landscaped gardens and premises, surrounding your home. These improve the aesthetics and elegance of your house.  The developer provides for the development and beautification of your pathways and surroundings. When you build your dream home in a gated community, it is usually customised the way you want, catering to your needs and lifestyle choices. 

  1. Community Living

Gated communities  foster a sense of belonging and oneness. Here you are in the company of people from all walks of life. Meeting and greeting them regularly in the common areas, celebrating festivals together nurtures a bond with your neighbours. Thus, they ensure that you are never alone and enjoy the essence of togetherness. 

Gated communities are hyped for a reason. Their amenities and specifications make your life better, and enhance the joy of living. 

TMR Group offers open plots in gated communities, accompanied by amenities for blissful living connected to the city. Their gated community open plots feature HMDA approved layout with electricity, the overhead water tank, and underground drainage, along with amenities for recreation and open spaces. 

Still wondering why choose TMR group for gated community plots? Go on, book a site visit right away. 

Hyderabad’s Real Estate Market in huge demand

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As a tourist, Hyderabad will never disappoint you. The royal and rustic essence of the old city and the booming IT sector acts as a bridge between the best of both worlds.

In recent years, the city has become one of the biggest job markets of the country. It is home to some of the major IT MNCs, is the headquarters of over a thousand start-ups and is in the process of becoming the World’s Biggest Pharma city. No doubt, the charms of the pearl city have lured many to reside here.

This has in turn fuelled the residential real estate demand in the city. According to a source, the total value of properties registered during the month is Rs. 2800+ Crore, reflecting a 2 percent year on year rise.

Apartments ranging between 25 lakh to 50 lakh have seen a significant 52 percent raise in registrations till the month of June 23. Moreover, there has been an account of 18 percent registration for properties listed below 25 lakh. However, properties ranging over and above Rs. 1 crore have an account of 9 percent, till June 2023.

The demand for slightly larger homes continues post COVID, as properties ranging from 1000 to 2000 square feet have captured as much as 68 percent share of registrations in the month of June 2023.The properties between 500 and 1000 square feet have a share of 17 percent, while properties larger than 2000 square feet maintain a share of 11 percent.

The popularity of Hyderabad has extended to districts beyond the city’s periphery. Neighbouring districts like  Medchal, Malkajgiri, Rangareddy and Sangareddy have seen a rise in residential demand in recent past. These districts have a wide range of properties from budget friendly homes to extravagant apartments, which make them the top choice for home buyers looking for affordable yet luxurious options.

Districts like Medchal and Malkajgiri have emerged as the upcoming locations for investment, with an accounting share of 46 percent with regards to total sales registration, followed by Rangareddy with a 38 percent registration. Apart from the demand for apartments, the city has also witnessed a demand for residential plots, especially in gated communities.

Plots allow for customisation of homes according to your will, are easy to buy or sell, and provide high returns on your investment. Residential plots in gated communities  come with amenities that make everyday living easy and boost the value of your investment. No doubt, buyers today for lands that yield better returns in the future.

At TMR Group, we offer you a gold mine of opportunities for a prosperous future. Our gated plot community- TMR Green Meadows in Chegunta is located close to the six proposed highways and flyovers, for a seamlessly connected future. These well-developed residential plots that complement the Vaastu make the perfect choice to build your home near Hyderabad or make an investment for the future.

To know more TMR Green Meadows or TMR Group, visit https://tmrinfra.com/ today.

Hyderabad: The Top Destination for office real estate sector.

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The city of Hyderabad is known for beautiful pearl jewellery and aromatic Dum biryani, and in recent times the IT sector in the Hyderabad. No doubt, the investment in the IT sector has been a boon. For this place has become a hub for many job seekers. The constant encouragement for start-ups by initiatives like V-hub and T-hub has been a source of encouragement to young adults.

In the 1950s when the city started developing, industries such as DRDO, BHEL, HAL, and BEL paved their way for opportunities and expansion. By the 70s though, Pharma and electronic industries were established. However, the 90s experienced a change with a launch of IT industry. It is observed by experts that in the financial year 2023, Hyderabad may surpass Bengaluru in becoming the most preferred city for establishment of various companies.

Firms like Google, Apple, and Amazon have their biggest offices in the city. It is also home to thousands of startups across tech, space and pharmaceuticals. Interestingly, Hyderabad is also the Pharma capital of the country. Brands like Dr. Reddys, Aurobindo, Mankind Pharma Ltd. etc. all have their headquarters here.

The government has constantly undertaken initiatives to expand the city, by giving a boost to both real estate and start-ups. This has contributed to a hand-in-hand growth in development of Hyderabad.

The growth of industries in the city has also sparked interest in the area of development of the commercial estate. Developers are creating larger office spaces for multi-national companies and simultaneously establishing co-working spaces for start-ups, to cater to a large audience base.

According to recent reports on commercial estates, Hyderabad has offered the highest office spaces in India with accordance to 2022-2023. At the end of the quarter, it contributed a whooping 31% share in comparison to the other seven states.

It is also observed that Hyderabad’s real estate witnessed a growth of a massive 19 % growth in sales volume with over 8000+ units being sold in the first quarter of 2023.

Looking at the pace at which Hyderabad is growing, commercial and residential areas are having massive potential to expand especially in the regions that has companies established. At the same time, companies are emphasising on the work from office and hybrid working models. This has also in certain ways fuelled the demand for both commercial and residential real estate in the city.

The global recession has slowed down the growth of many industries across countries. But there’s no denying that the picture for real estate in Hyderabad was different.

An investment in land in Hyderabad, in areas like Medchal or Maheshwaram near the industrial belts of the city, will pay off generously in the future. TMR Green Meadows at Chegunta, 30 minutes away from Medchal and TMR Swiss County at Maheshwaram, mark the perfect investment opportunity for a thriving future.

To know more about TMR Group and our projects, visit https://tmrinfra.com/

The State of Affordable Housing Market in Telangana!

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The quest for a house in Hyderabad has pushed many white collared employees to the city’s outskirts recently. The local developers describe these outskirts and suburbs as “Hyderabad’s growing residential pocket.” These localities have many under-construction residential projects, which promise everything buyers like; spacious homes within desired ticket size, with a gym, multipurpose hall, club house, swimming pool, and the rest.

But these luxuries all come at a cost: The affordable housing section of Hyderabad, all are located at least 30 km away from the Hi-Tec City’s belt. Here’s why.

Developers have shifted their focus to bigger, luxurious homes; especially after the pandemic. They are only launching mega ventures which come with a base tag of around Rs 1.5 crore in the city centres.

With the pool of affordable homes shrinking rapidly, mid-segment buyers in metropolitans like Hyderabad, Pune, Bengaluru, and even Chennai are pushed to the periphery. This is a phenomenon labelled as the ‘Mumbai-fication’ of Indian cities  by industry experts.

According to a recent report released by market researchers, the share of affordable housing across the top seven Indian cities dropped to 20% during the first quarter of 2023. From the total 1.14 lakh units sold in this period, affordable housing comprised approximately 23000 units. This share was close to 40% a few years ago.

An annual proprietary study released in 2022 had also quoted Hyderabad as the most expensive city after Mumbai. The study noted that the home buying affordability level in the city has declined since 2021.

This leaves the IT and pharma professionals with average paychecks, with no other option but to opt for affordable homes. However, houses in the Rs 50 lakh-60 lakh bracket are at least 30-40 km away from city centres. Hence they are also often left in the dilemma to either commute for hours both ways or pay a fortune towards rent to stay in the city.

On a pan-India basis, affordability  of homes worsened marginally for the first time in 10 years in 2022. Affordability levels had improved even during the pandemic-impacted years of, as the government had aggressively cut policy rates to increase liquidity in the highly stressed economic environment.

Real- estate experts believe that once again the government can play an instrumental role in this. They believe that the solution to this disparity in the realty market lies in revising government policies. The need of the hour is for the state machinery to play the  role of a balancer, and not drive up land prices and make them unaffordable to people.

Despite the rise in home prices, home affordability has only marginally reduced in major cities of the country. The reduced affordability index has also been cushioned by a rise in incomes and growths in GDP. This augurs well for the industry and will help the residential market maintain its momentum.

Open plots in gated communities by TMR Group, with their Never Before Ever After Deals are the ideal investment in the peripheries of Hyderabad. While their location near NH-44 and Outer Ring Road allow easy, stress-free commute to the city, the developmental projects in the vicinity allow ample opportunities for growth. Why invest in apartments, when you can get open plots to build your dream home at the same rate?  Visit https://tmrinfra.com/ today for more details.

References:

https://timesofindia.indiatimes.com/business/india-business/what-happened-to-affordable-house-market/articleshow/99527553.cms?from=mdr
https://telanganatoday.com/buying-home-in-hyderabad-most-expensive-in-country-next-only-to-mumbai

Hyderabad – The most affordable metro in the country!

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Hyderabad has been among the most popular metros in the Indian subcontinent and has been hailed for its infrastructure and quality of living. The city has been ranked first, among all Indian metros, in Mercer’s Quality of Living survey, for the last many years.

The city has also fared well across other aspects, with a flourishing job market for Pharma and Tech, excellent connectivity, a relatively low crime rate, good schools, good hospitals, and low pollution levels. All these factors have led to a corresponding increase in the demand for housing and real estate in the city.

Even traditionally, this city of pearls has been a popular real estate destination, primarily due to its location and history. Urban migration, robust infrastructure and government policies that promote real estate development have also been the factors underlying the growth of the realty market in the city.  The State government has pushed for the development of IT & ITes, Pharmaceutical and other allied industries in the state, along with efforts to develop infrastructure and improve connectivity between Hyderabad and major cities in the nation and globally. This has significantly boosted the real estate sector in Hyderabad, which is today home to major industries and a large number of working professionals.

Despite this steady growth of real estate, Hyderabad is the most affordable metro in India for realty investments.  This city has always been known as a price-conscious metropolitan city in India, and recent studies highlight the same. A recent report by a leading property consultant compared the average property prices in Mumbai, Delhi-NCR, Kolkata, Hyderabad, Pune, Chennai, and Bengaluru. According to the report, the average property price in Hyderabad is Rs. 4,620 per sq.ft, which is comparatively lower than in other cities.

The city has recorded a maximum five-yearly increase of 10% in average property prices in the last five years. The average price for homes in Hyderabad increased from Rs 4,128 in 2018 to about Rs 4,620 in 2022. On the other hand, the average price of a home in Mumbai rose to a massive Rs 11,875 per square foot in 2022 and to Rs 5,570 per square foot in 2022 in Bengaluru. 

Market experts say that the majority of current sales in the city are being made by reputable developers, who aren’t shying away from increasing prices to meet the high demand and rising construction costs. Despite this, the fact remains that Hyderabad is amongst the most inexpensive Indian metropolises.

In the financial year 2023-24, the end-user demand is expected to be the primary driver of growth, as serious long-term investors will find market dynamics to be quite favourable. The city and its suburban districts like Medchal-Malkajgiri, Rangareddy, and Sangareddy witness high residential demand, which is expected to continue in the coming years.

With booming infrastructure development and job opportunities, the areas in Medchal and Ranga Reddy districts are the ideal investment hub for the future. TMR Green Meadows at Chegunta, just 30 minutes away from Medchal, and TMR Swiss County at Maheshwaram in Ranga Reddy district are nestled amidst a number of development opportunities and make the perfect investment for a thriving future. Come plot a successful future here for your family and loved ones. Visit https://tmrinfra.com/ for more details.

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